COSCO Singapore projects 35% profit jump to $7.4M in 2025

Singapore Business Review
2026.02.09 05:02
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COSCO SHIPPING International (Singapore) Co., Ltd. anticipates a net profit of $7.4 million for FY 2025, marking a 35% increase from $5.5 million in 2024. This growth is driven by revenue increases in logistics, ship repair, and marine engineering, along with reduced distribution and finance costs. These figures are based on preliminary unaudited results, with final results expected by February 28, 2026.